NN Group - Delta Lloyd

Kempen is proud to announce it has acted as financial adviser to the Dutch Central Bank in the public offer of NN Group for Delta Lloyd

• NN Group acquired Delta Lloyd for a total consideration of €2.5bn
• The offer represented a 31% premium vs. the closing price of 4 October 2016
• The transaction was the first major transaction in the Dutch insurance sector consolidation
• The transaction was the first public offer under the Solvency II capital regime in the Netherlands
• Both the Executive Board and the Supervisory Board recommended the public offer
• This transaction highlights the sector expertise of Kempen’s Financial Institutions & FinTech team and its key role in the Dutch insurance sector consolidation as independent financial advisor